Referral Program

Earn rebates through the LPBASE refferal program.

Create a referral code

Users can create a referral code on the Referrals page to become a referrer, which needs to be confirmed on-chain. Referral codes are unique and exclusive. Once you've created your code, click the copy icon next to the code to get your referral link.

Users can share the link on any platform, e.g. Twitter, or Telegram. When a user clicks on your link, your referral code will be stored in the user's browser cache. Once the referred user completes his first on-chain operation on Hotbit, the referral relationship is established and cannot be changed. The referral relationship is only established through the invitation link and cannot be manually entered or changed with a referral code.

Rewards

Unlike most referral programs that only reward the referrer of traders, Hotbit also rewards the referrer of liquidity providers. The referral reward is calculated weekly and issued as LP tokens of each pool. You can choose to claim or compound at any time.

Referral-Trading

The reward you will receive is calculated as (fees generated by users referred by you) *

(your rebate rate).

Referral-Liquidity

The reward for referral-liquidity is calculated based on the overall fee from all integrators and sLP points of a pool. For the referrer to receive the reward, the referred users must stake their LP tokens into the associated pools.

In a given pool, your reward is calculated as (the total fee of the pool) * (your rebate rate) * (the total sLP points of users referred by you) / (total sLP points of the pool). Your total rewards will be the accumulation of rewards from each pool.